The Vincent Thomas Bridge connecting Long Beach and San Pedro, California. (Source: Shutterstock)
Amplify Energy Corp. received approval from federal regulatory agencies to restart operations offshore California at the Beta Field, the company announced on April 10.
The process of filling the San Pedro Bay Pipeline to resume operations has already begun and is expected to take two weeks to complete.
The pipeline will operate in accordance with restart procedures approved by the Pipeline and Hazardous Materials Safety Administration.
Last month, Amplify Energy reached a $96.5 million settlement with shipping companies M/V Danit and M/V Beijing over claims the anchors of container ships damaged the San Pedro Bay Pipeline, leading to an oil spill in October 2021.
RELATED
Amplify Reaches $96.5 Million Settlement Over Pipeline Damages
“The approval from federal regulatory agencies and the receipt of $85 million in net proceeds from the vessels that struck and damaged our pipeline substantially concludes a very challenging last 18 months for the company,” Martyn Willsher, Amplify president and CEO, said. “We are eager to focus our attention on safely operating our Beta assets, our business as a whole and the strategic direction of the company.”
Amplify Energy is an independent oil and natural gas company with operations in Oklahoma, Texas, Louisiana, the Rockies and offshore California.
Recommended Reading
TGS Awarded Ocean Bottom Node Data Acquisition Contract in North America
2024-07-17 - The six-month contract was granted by a returning client for TGS to back up the client’s seismic data capabilities for informed decision making.
TGS Completes Largest US East Coast Wind, Metocean Survey
2024-07-25 - TGS said the data for this project was collected from July 2022 through July 2024 and covered 600 km from Massachusetts to the Virginia-North Carolina border.
International, Tech Drive NOV’s 2Q Growth Amid US E&P Headwinds
2024-07-29 - Despite a U.S. drilling slowdown, slightly offset by Permian Basin activity, NOV saw overall second-quarter revenue grow by 6%, although second-half 2024 challenges remain in North America.
TGS Awarded 2D Survey in the Sumatra Basin
2024-09-09 - TGS’ Sumatra Basin seismic acquisition is expected to be completed by the end of 2024.
Artificial Lift Meets Artificial Intelligence, with Hit and Miss Results
2024-08-23 - Oxy and Chevron are among companies trying to find the sweet spot between data analytics and machine learning with human intervention to optimize production and predict failures before they happen.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.